On July 31, 2022, Concord Company had a cash balance per books of $6,255.00. The statement from Dakota State Bank on that date showed a balance of $7,805.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. 2. 3. 4. 5. 6. (a) The bank service charge for July was $22.00. The bank collected $1,635.00 for Concord through electronic funds transfer. The July 31 cash receipts of $1,311.30 were not included in the bank statement for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank in July was incorrectly recorded as a cash payment on July 10 for $347.00. Checks outstanding on July 31 totaled $1,966.10. On July 31, the bank statement showed an NSF charge of $690.00 for a check received by the company from W. Krueger, a customer, on account. Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank & books first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e.g. 52.75.)

On July 31, 2022, Concord Company thd a cash balance per books of $6,255.00. The statement from Dakota State Bank on that date showed a balance of $7,805.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $22.00. 2. The bank collected $1,635.00 for Concord through electronic funds transfer. 3. The July 31 cash receipts of $1,311.30 were not included in the bank statement for July. These receipts were deposited by the company in a night deposit vault on July 31. 4. Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank in July was incorrectly recorded as a cash payment on July 10 for $347.00. 5. Checks outstanding on July 31 totaled $1,966,10. 6. On July 31 , the bank statement showed an NSF charge of $690.00 for a check received by the company from W. Krueger, a customer, on account. (a) Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank \& books first. Reconcile cash balance per bank first. Round answers to 2 decimal places, e. 8.52 .75 .)